Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,855,000
Medical Office Space
66675 Pierson Blvd Desert Hot Springs, CA 92240-3737
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1128913
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
TILT-UP CONCRETE
Total area
4,243 SF
Lot
0.9 ac (39,204 SF)
Zoning code
R3
APN
641-102-021
UPID
US09-1128913
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Joann Enderica, PA Medical Clinic
-
Borrego Health Medical Clinic
-
Jerry Vega Physician
-
Javier Hernandez Pediatrician Medical Clinic
-
Claudia Padilla Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$2.86M
Owner & transaction history
Dap Health INC · 3 yrs held
Dap Health INC
since 2023
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R3 · Desert Hot Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.3M
+274.5%
Neighborhood: shopping center
$3.7M
+214.9%
Auto repair, garage
$1.8M
+58.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,605,000
ML approach
$2,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,345,000
Change: +275% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,650,000
Change: +215% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,830,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$2.86M
Range $2.57M – $3.14M · ±10% · vs last sale $3.00M (Aug 1 2023)
Last sale anchor
$3.00M
Aug 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$673 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$41,996
Tax year 2024
Assessed value
$3,000,000
Assessed 2024
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$2,000,000
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,243 SF
Lot
0.9 ac (39,204 SF)
Zoning code
R3
APN
641-102-021
UPID
US09-1128913
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Desert Hot Springs, CAZoning R3 · permitted uses
R3 · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Dap Health INC
Entity
Mailing address
1695 N SUNRISE WAY, PALM SPRINGS, CA 92262-3701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
$3,000,000
Dap Health INC
Borrego Community Health Foundation
Grant Deed
—
Jan 18, 2013
—
Borrego Community Health Found
City Of Desert Hot Springs
Grant Deed
related
—
Sep 30, 2008
—
Baruch Ha Shem Temple
Barak,alon
Grant Deed
—
Jan 31, 2007
—
Alon Barak
Temple Baruch Hashem
Grant Deed
—
Jan 12, 2001
$93,000
Baruch Hashem Temple
Desert Hot Springs Baptist
Grant Deed
$93,000 · Nathaniel Foundation INC
Feb 9, 1998
$125,000
Desert Hot Springs Baptist Chu
Jewish Community Group Of Dese
Grant Deed
related
$75,000 · Jewish Federation Of Palm Spri
—
—
Baruch H Temple
—
Deed Of Trust
related
$90,000 · Lucille Cook
—
—
Baruch Hashem Temple
—
Deed Of Trust
related
$50,000 · Lucille & Verginia Cook
—
—
Alon Barak
—
Deed Of Trust
related
$418,000 · Aztec Financial
—
—
Alon Barak
—
Deed Of Trust
related
$120,000 · Aztec Financial
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 66675 Pierson Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
